Nike plans $100-and-less shoe line after shares plummet following sales slump prediction
Nike will start selling some sneakers that are priced at under $100 after its dismal sales forecast sent shares plummeting,...
Business
NYC workers continue to return to office as building ‘visitations’ move closer to pre-pandemic levels
The return-to-office trend continues apace. Manhattan office visitations in May were 74% of 2019 levels, compared with 70% in May...
Kenyas Ruto Scraps Tax Bill in Concession to Youth-Led Protests Following Bloody Crackdown
Kenyan President William Ruto has scrapped an unpopular tax bill following a mass nationwide uprising on Tuesday, when soldiers and...
Thousands Flee as Israeli Army Launches Ground Assault on Gaza City
Israeli warplanes and artillery fire have pummeled densely populated areas of Gaza City’s Sabra and Shuja’iyya neighborhoods in a surprise...
Nike posts surprise drop in sales, sending shares tanking: Slowdown ‘hard to ignore’
Nike on Thursday forecast a surprise drop in fiscal 2025 sales, after disappointing fourth-quarter sales laid bare the company’s weakening market...
Fed’s preferred inflation gauge rose 2.6% in May in signal that prices could be easing
A key inflation gauge used by the Fed to track inflation was up 2.6% last month — a fresh signal...
H&M shares drop 13% after CEO casts doubt on June sales, margin target
H&M shares tumbled 13% Thursday after the CEO cast doubt on the retailer’s ability to reach its full-year margin target...
Costco teaming up with developers to build an 800-unit apartment complex in bid to ease housing crisis
Big-box wholesaler Costco is developing a mixed-use complex that seeks to put a dent in the affordable housing crisis.The company...
Big Pharmas fight against drug price reforms takes weird, desperate turn
? — Big Pharmas fight against drug price reforms takes weird, desperate turn PhRMA claims price negotiations raise costs and...
Supreme Court issues stay on EPAs ozone plan, despite blistering dissent
On hold — Supreme Court issues stay on EPAs ozone plan, despite blistering dissent The court can't even agree on...
‘Don Corleone of cybercrime’ behind JPMorgan hack ran new scam while cooperating with FBI: report
A notorious hacker dubbed the “Don Corleone of cybercrime” — who was busted nearly a decade ago following an infamous...
Costco teaming up with developers to build an 800-unit apartment complex in bid to ease housing crisis
Big-box wholesaler Costco is developing a mixed-use complex that seeks to put a dent in the affordable housing crisis.The company...
The worlds toughest race starts Saturday, and its delightfully hard to call this year
Is it Saturday yet? — The worlds toughest race starts Saturday, and its delightfully hard to call this year Setting...
Google Translate just nearly doubled its number of supported languages
Large language models — Google Translate just nearly doubled its number of supported languages This includes common languages like Cantonese...
NYC straphangers uneasy over zip ties seemingly holding tracks together: ‘Should I be worried?’
What keeps the trains running in the Big Apple? Queens straphangers are praying it’s not plastic zip ties. Dozens of...
Biden speaks at Waffle House following debate performance: ‘I think we did well’
President Biden spoke to reporters following Thursday night’s CNN debate and expressed the belief that he performed well against former President...
Armed robbers posing as delivery drivers raid family home, assault children
Armed robbers posing as delivery drivers stormed a Colorado family’s home, assaulting the two children and babysitter inside, before looting...
Boeing sanctioned over release of details from 737 MAX midair blowout probe
Big-box wholesaler Costco is developing a mixed-use complex that seeks to put a dent in the affordable housing crisis.The company...
Feds charge nearly 200 doctors, nurses and others in $2.75B health care scam
The Justice Department has criminally charged 193 people, including 76 doctors, nurses and other medical professionals, with participating in health care fraud schemes worth...
‘Don Corleone of cybercrime’ behind JPMorgan hack ran new scam while cooperating with FBI: report
A notorious hacker dubbed the “Don Corleone of cybercrime” — who was busted nearly a decade ago following an infamous...